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Mutual Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

NEW WORLD FUND INC. CL R-6 (NASDAQ:RNWGX)

Strong Downtrend (-100) - RNWGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RNWGX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RNWGX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RNWGX
Open High Low RNWGX Price Change
52.88 53.84 53.84 53.84 +0.96
Entry Signal

MarketClub’s Trade Triangles for RNWGX

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 68.91

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 70.44

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 54.48

Smart Scan Analysis for RNWGX

Based on our trend formula, RNWGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RNWGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.88 53.84 53.84 53.84 +0.96
Prev. Close Volume Bid Ask Time
53.84 0 53.84 53.84 2020-04-02 20:00:00
52wk High72.9852wk High Date2019-12-19
52wk Low49.2452wk Low Date2020-03-23
Year End Close70.47Payment Date2019-12-23
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